Big investors sue 16 banks in U.S. over currency market rigging
06 Nov Big investors sue 16 banks in U.S. over currency market rigging
Posted at 23:21h
in
News
by KMFSLLP
A group of large institutional
investors including BlackRock Inc and Allianz SE’s
Pacific Investment Management Co has sued 16 major
banks, accusing them of rigging prices in the roughly $5.1
trillion-a-day foreign exchange market.
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